Citizens Financial Group, Inc. (CFG)

Citizens Financial Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,548	1,509	1,608	2,073	2,319	1,057
Depreciation & Amortization	251	230	224	322	390	363
Other Amortization	268	268	254	243	235	215
Gain (Loss) on Sale of Assets	-22	-18	-28	-9	-11	-4
Provision for Credit Losses	669	687	687	474	-411	1,616
Net Decrease (Increase) in Loans Originated / Sold - Operating	-527	-24	98	1,733	1,085	32
Change in Other Net Operating Assets	-854	-571	273	-858	-962	-2,978
Other Operating Activities	-193	-177	-242	57	-429	-238
Operating Cash Flow	1,234	2,001	2,961	4,119	2,275	111
Operating Cash Flow Growth	-47.73%	-32.42%	-28.11%	81.05%	1949.55%	-93.46%
Capital Expenditures	-126	-122	-172	-126	-124	-118
Cash Acquisitions	-	-	-	-255	-165	-3
Investment in Securities	-1,568	-2,400	-4,486	-5,128	-2,810	-855
Net Decrease (Increase) in Loans Originated / Sold - Investing	2,700	5,602	9,967	-6,257	-6,021	-5,095
Other Investing Activities	-166	-93	-61	-871	-1,366	-65
Investing Cash Flow	840	2,987	5,248	-12,637	-10,486	-6,136
Short-Term Debt Issued	-	-	502	-	-	-
Long-Term Debt Issued	-	13,185	25,983	24,617	-	8,323
Total Debt Issued	10,000	13,185	26,485	24,617	-	8,323
Short-Term Debt Repaid	-	-505	-	-95	-154	-39
Long-Term Debt Repaid	-	-14,286	-28,418	-19,691	-1,352	-14,022
Total Debt Repaid	-11,533	-14,791	-28,418	-19,786	-1,506	-14,061
Net Debt Issued (Repaid)	-1,533	-1,606	-1,933	4,831	-1,506	-5,738
Repurchase of Common Stock	-950	-1,050	-906	-153	-295	-286
Preferred Stock Issued	392	392	-	-	296	395
Preferred Share Repurchases	-300	-300	-	-	-250	-
Common Dividends Paid	-758	-769	-808	-779	-670	-672
Preferred Dividends Paid	-137	-134	-120	-113	-113	-98
Total Dividends Paid	-895	-903	-928	-892	-783	-770
Net Increase (Decrease) in Deposit Accounts	1,148	-2,566	-3,382	6,146	7,197	21,851
Other Financing Activities	6	18	21	-25	-23	-80
Financing Cash Flow	-2,132	-6,015	-7,128	9,907	4,636	15,372
Net Cash Flow	-58	-1,027	1,081	1,389	-3,575	9,347
Free Cash Flow	1,108	1,879	2,789	3,993	2,151	-7
Free Cash Flow Growth	-50.34%	-32.63%	-30.15%	85.63%	-	-
Free Cash Flow Margin	15.57%	26.38%	37.00%	52.91%	30.48%	-0.13%
Free Cash Flow Per Share	2.47	4.14	5.85	8.36	5.03	-0.02
Cash Interest Paid	4,375	4,375	3,640	989	347	837
Cash Income Tax Paid	208	208	375	183	1,247	261

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q